Monday, June 02, 2008

Open Question: What happens if the American currency is replaced?

I got divorce on 2/27/1997, my ex-husband was suppossed to removed my name from the mortgage on April 1, 1997, this was a court order and they gave him 60 days to do so if not he needed to put up the house for sale in wish he didn't at that time, I found out on February 2002 that the mortgage was still on my name so I contacted my lawyer and they did a contempt of court, he needed to sell the house immediately or removed my name from the mortgage in wish he agreed to ok time went by me thinking that he did removed my name from the mortgage, I went to apply for a mortgage for myself on March 12, 2008 when they pulled my credit report, I learned that he sold the house on March 2006 and they house was still on my name all that time since the second chance he had to remove my name in 2002, not only that the credit bureaus are reporting 5 -30 days past due on 2006 on my credit file, and its affecting my score to get a new mortgage for my self? Please give me some advised.

Open Question: What happens if the American currency is replaced?


Let's say the dollar would be replaced with the Amero, as I hear every so often. (This is not an argument about whether it will happen, but what happens if.) Would my dollars in the bank be replaced with Ameros? When Ameros come out, will they be worth the exact same as dollars at their current market rate? If so, what's the point of changing currencies? What would happen to mortgages that have all the paperwork agreements in dollar amounts? Would the paper dollars I have in my mattress be worthless, or could I trade them in for Ameros at the bank?

Also, what would be the point of changing currencies? (obviously because one is weak and one is strong, but what makes the new currency stronger?)

Is there any country that has changed currencies? Where could I read about the finer points?

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